Mathematics, 23.10.2019 01:00 Fetty1738
Refer to the data. if the consumer has money income of $52 and the prices of j and k are $8 and $4 respectively, the consumer will maximize her utility by purchasing:
a. 2 units of j and 7 units of k.
b. 5 units of j and 5 units of k.
c. 4 units of j and 5 units of k.
d. 6 units of j and 3 units of k.
Answers: 2
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Refer to the data. if the consumer has money income of $52 and the prices of j and k are $8 and $4 r...
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